Common use of Guarantees and Indemnification Clause in Contracts

Guarantees and Indemnification. Other than as disclosed in writing to Harvest, no Viking Party is a party to or bound by any agreement of guarantee, indemnification (other than an indemnification of directors and officers in accordance with the by-laws of the respective corporation or applicable Laws and other than standard indemnity agreements in underwriting and agency agreements and in the ordinary course provided to service providers) or any like commitment in respect of the obligations, liabilities (contingent or otherwise) of indebtedness of any other Person, other than guarantees of obligations of any other Viking Party.

Appears in 2 contracts

Samples: Arrangement Agreement (Harvest Energy Trust), Arrangement Agreement (Viking Energy Royalty Trust)

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Guarantees and Indemnification. Other than as disclosed in writing to HarvestViking, no Viking Harvest Party is a party to or bound by any agreement of guarantee, indemnification (other than an indemnification of directors and officers in accordance with the by-laws of the respective corporation or applicable Laws and other than standard indemnity agreements in underwriting and agency agreements and in the ordinary course provided to service providers) or any like commitment in respect of the obligations, liabilities (contingent or otherwise) of indebtedness of any other Person, other than guarantees of obligations of any other Viking Harvest Party.

Appears in 2 contracts

Samples: Arrangement Agreement (Harvest Energy Trust), Arrangement Agreement (Viking Energy Royalty Trust)

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